Author

Isaac Pinielo
  • Inflation-linked ETF debuts on BSE

    According to the bank, the ILBI ETF will provide investors in Botswana with the opportunity to invest in the performance of a de facto South African government inflation bond benchmark index. The listing is the first time that Barclays Africa had...

  • Ministry implements OPRCs

    Speaking at a press conference recently, Minister Tshenolo Mabeo said the OPRC scope of works covers detailed design, improvement works, including upgrading to bitumen standard, rehabilitation and maintenance works. He stated that access roads...

  • Headway in Kazungula bridge construction � Mabeo

    The Minister of Transport and Communications, Tshenolo Mabeo told journalists this week the P1.4 billion project is on course and will be delivered by December 2018. Earlier on, there was scepticism on whether the construction of the bridge will...

  • SB gathers data on poverty, unemployment

    The Botswana Multi Topic Household Survey (BMTHS) started earlier this November and will be carried out over a 12-month period ending in October 2016.  The results are expected to be released in March 2017. Speaking at the launch on Tuesday in...

  • Stanchart Launches Offshore Fixed Income Product

    The bank is the first in the market to make these investment instruments available to retail customers through a local distribution channel. Biswaroop Barua, group head of credit products at Standard Chartered Bank Singapore said the primary purpose...

  • Internal auditors decry lack of regulation

    Speaking on Wednesday at the organisation’s fifth annual conference in Gaborone, IIAB president, Boemo Maboane said the institution, which was established in 1996, had no law to regulate internal auditors, unlike accountants. Maboane said the...

  • BMC decries supply of underweight cattle

    Having been at or near bottom in the past three years, the BMC decided to come up with a three-year turnaround strategy, which comes to an end next year. With the strategy, the commission had hoped to supply EU with more beef. The executive manager...

  • Cattle farmers decry �impoverishing� new tax

    With the new Income Tax (Amendment) Act of 2015, government has exempted the Botswana Meat Commission (BMC) from the 15% taxation and replaced it with four percent tax on money paid to farmers for the supply of cattle deducted as withholding...

  • Ruling to dissolve Matshelagabedi plant partnership upheld

    The companies, Runicta Engineering and Garrick Operations, appeared before the Court of Appeal as a result of an appeal made by Garrick Operations requesting that the High Court ruling be overturned. The High Court had ordered that the partnership...

  • Global headwinds weigh on economy

    Speaking at an economic dialogue hosted by Business Botswana and BIHL in Gaborone recently, research manager at First National Bank of Botswana (FNBB), Moatlhodi Sebabole said Botswana is facing not only lower growth but also a budget deficit driven...

  • NAP earnings jump on higher rentals

    During the year, distributable earnings amounted to P117.4 million or 19.43 thebe per linked unit, an increase on the comparable P109 million (18.03 thebe per linked unit) on the prior year. Management attributed the growth to a 9.6 percent increase...

  • Govt requests Japan to extend minerals surveying project

    Remote sensing is a minerals prospecting technique using aircrafts or satellites. Deputy permanent secretary in MMEWR, Obolokile Obakeng made the appeal on Friday at a seminar on sustainable development of mineral resources in Botswana’s mining...

  • FNBB Reboots Wealth Management Services

    Wealth management is a high-level professional service that combines financial or investment advice, accounting or tax services, retirement planning and legal or estate planning for one fee. Waziba Pansiri, a wealth manager at FNBB, said wealth...

  • Stimulus package could hurt economy � economists

    In a recent economic review for the third quarter of 2015, analysts from Econsult Botswana, Keith Jefferis, Brandon Basele and Sethunya Sejoe argued that in some respects, the stimulus package could make things worse.  The experts indicated that the...

  • Econsult paints gloomy economic picture

    The firm stated in its economic review of the third quarter of 2015 that the situation goes deeper than the current depression in commodity markets. According to Econsult, this reflects a number of longer-term problems such as unreliable supply of...

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